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I think the 2008 crisis proved that was a bad metric.

Flws is on the verge of becoming a penny stock. I hear you on the canary in the coal mine.

and some bozos think it’s worth 20mm.

not nearly as insane as your hero.

the 3x has a path dependency the 5x doesn’t.

why?

on top of that he has a 3x daily against a 5x straight. there’s all sorts of basis here.

real successes in this field trade micro contracts. Edit: I thought you were some punk. Your 17 years older than me!

You can make a series of bad decisions to prove your initial decision was correct.

This won’t work the way you intend it to. You cannot collect vol premium without taking price risk. There are also a ton of moving parts that you don’t understand. Finally you are fixated on being right vs making money. It’s an easy trap to fall into.

they might have had bids for 15.

As des said you convert your position to a naked call or a naked straddle. It’s a different risk and view. If you are adjusting the mnq then you are transferring to another risk. When you sold the put originally it was just for income. You should have had a view on the return distribution of...

ha. either he won the powerball the next day or got hit by a bus later.

Trading "a wheel" for income is like funding your life by playing roulette. You sell the upside for money now and that's it. "Hedging" makes it not a wheel and instead a very different trade: one that requires math that only an autist can do.

libtard. hows that for eloquent? in case you can't tell, i've been sarcastic in this whole thread. did i play the role of a trumper well?

I had a plaid on order but cancelled it the day it was ready for delivery. I heard bad things about the yoke steering wheel and didn’t like how Tesla behaved through the process. They were dishonest about the pricing and had offered free arachnid wheels but then reneged on it and they kept...

Biden is doing a decent job given what he inherited.

Shut up commie. Do you want to lose your freedom cuz if we have universal health care you will lose your right to free speech and right to bear arms.

It would have killed 200 million with its death panels.

If that’s how you feel, I’m okay with it. It’s no skin off my back.